Ten years ago fossil fuels made four fifths of the UK’s electricity supply. New offshore windfarms opened in third quarter (2019) mark milestone towards zero carbon. Wind power is the UK’s strongest source of renewable energy and made up 20% of the UK’s electricity following a series of major windfarm openings in recent years. Electricity …
Tag: UK
Sep 19
Syria – Israel’s Attack Kills Russian Soldiers
Yesterday Turkey and Russia agreed on a further de-escalation in Idelb province in Syria (see the update here). This agreement takes away the chance of an imminent wider war in which the U.S. and some of its allies would use a fake ‘chemical attack’ as a pretext to launch missiles against a large number of …
May 22
The UKUSA empire behind Cambridge Analytica?
“While the disclosures (on Cambridge Analytica) are being used to bolster hysterical claims of ‘Russian meddling’, a closer examination reveals that the real and far more fundamental threat to democratic rights involves psy-ops programmes run by elements of the British and US deep state”. Read who stays behind the last data breach, on geopolitics.co.
May 15
WW3: Syria bombing and the May’s conflict of interest
Can wars stimulate the economy? The debate is always open. In any case, private portfolios can get benefits for sure. Just like in the case of Capital Group, a £1.4Tn investment firm holding thousands of shares in the world’s biggest Defence Firm, Lockheed Martin (it owned 7,09% of the company in March 2018 -source: Investopedia– …
Mar 27
Bank of England undermines the Classic Money Creation Theory
“In exceptional circumstances, when interest rates are at their effective lower bound, money creation and spending in the economy may still be too low to be consistent with the central bank’s monetary policy objectives. One possible response is to undertake a series of asset purchases, or ‘quantitative easing’ (QE)… As a by-product of QE, new …
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